Lyft (LYFT) Operating Expenses (2018 - 2026)

Lyft (LYFT) posted quarterly Operating Expenses of $1.7 billion for Q1 2026, up 11.95% year-over-year from $1.5 billion in Q1 2025, and down 6.86% quarter-over-quarter from $1.8 billion in Q4 2025.

Lyft (LYFT) Operating Expenses (2018 - 2026) Analysis & Trends

Lyft's Operating Expenses history runs 9 years deep, the most recent figure standing at $1.7 billion for Q1 2026.

  • In Q1 2026, Operating Expenses rose 11.95% year-over-year to $1.7 billion; the TTM figure through Mar 2026 stood at $6.7 billion (up 10.55% YoY), while the FY2025 annual figure was $6.5 billion, up 10.16% from the prior year.
  • Operating Expenses for Q1 2026 stood at $1.7 billion, down from $1.8 billion in the prior quarter.
  • The five-year high for Operating Expenses was $1.8 billion in Q4 2025, with the low at $1.1 billion in Q1 2022.
  • The 5-year median for Operating Expenses is $1.5 billion (2024), against an average of $1.4 billion.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 42.42% in 2022, then decreased 27.46% in 2023.
  • Lyft's Operating Expenses stood at $1.8 billion in 2022, then slipped by 27.46% to $1.3 billion in 2023, then climbed by 18.49% to $1.5 billion in 2024, then grew by 16.78% to $1.8 billion in 2025, then fell by 6.86% to $1.7 billion in 2026.
  • Business Quant data shows LYFT's Operating Expenses at $1.7 billion in Q1 2026, $1.8 billion in Q4 2025, and $1.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -16.33 Bn
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 1.22 Bn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 6.22 Bn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 12.30 Bn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 2.66 Bn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 1.25 Bn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 4.34 Bn
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 3.67 Bn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 4.54 Bn
10 Lyft 6.62 Bn 4.82 Bn 917.12 Mn 1.80 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 1.80 Bn
Mar 31, 2026 1.66 Bn
Dec 31, 2025 1.78 Bn
Sep 30, 2025 1.66 Bn
Jun 30, 2025 1.59 Bn
Mar 31, 2025 1.48 Bn
Dec 31, 2024 1.52 Bn
Sep 30, 2024 1.58 Bn
Jun 30, 2024 1.46 Bn
Mar 31, 2024 1.34 Bn
Dec 31, 2023 1.28 Bn
Sep 30, 2023 1.20 Bn
Jun 30, 2023 1.18 Bn
Mar 31, 2023 1.22 Bn
Dec 31, 2022 1.77 Bn
Sep 30, 2022 1.34 Bn
Jun 30, 2022 1.36 Bn
Mar 31, 2022 1.07 Bn
Dec 31, 2021 1.24 Bn
Sep 30, 2021 1.07 Bn